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Obasanjo, Buhari, Fashola Testify in Paris Over $6 Billion Mambilla Power Project Arbitration
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Former Presidents Olusegun Obasanjo and Muhammadu Buhari, as well as the former Minister of Power, Works, and Housing, Mr. Babatunde Fashola, are in Paris, France to testify in the ongoing arbitration case involving the $6 billion Mambilla Hydroelectric Power Project, THISDAY has learnt.
This is just as President Bola Tinubu declared on Saturday that those defending Nigeria in the said case are doing so based on conviction and patriotism, adding that he has no intention of involving any Nigerian.
However, due to the confidentiality of arbitration proceedings, THISDAY will not report the story in details.
Nigeria is accused of breaching the terms of the power project contract awarded to Sunrise Power and Transmission Limited by former President Obasanjo in 2003.
Obasanjo’s administration had on or about May 22, 2003, awarded the contract for constructing a 3,960MW Mambilla Hydroelectric Power Station on a Build, Operate and Transfer (BOT) basis to Sunrise Power and Transmission Company Limited.
The former president had accused the Minister of Power and Steel, under his administration, Dr. Olu Agunloye, of fraudulently awarding the contract for the project without the approval of the Federal Executive Council (FEC).
However, Agunloye rejected the former president’s accounts on the project, alleging that the Nigerian government was using him as a scapegoat to escape sanction for abandoning contractual agreements on the project.
Agunloye insisted that the contract for the project was duly awarded in 2003 by the Obasanjo’s administration on a Build, Operate, and Transfer basis.
But Buhari’s administration was said to have communicated the decision to cancel the agreement to the promoter of Sunrise Power, Mr. Leno Adesanya, and Mambilla Power in April 2020.
The Economic and Financial Crimes Commission (EFCC) had also sought to arrest Adesanya and charge him with bribery and economic sabotage but he denied the allegations and proceeded to arbitration.
Adesanya also defended himself against EFCC’s decision to declare him wanted after Sunrise Power and Transmission Limited was accused of offering bribes to Agunloye to win the contract.
The Federal High Court in Abuja presided over Justice Inyang Ekwo had stopped the EFCC from prosecuting Adesanya.
Justice Ekwo, in a judgment, also gave an order of mandatory injunction compelling the EFCC to remove Adesanya’s name and photograph from its wanted list.
However, an Appeal Court sitting in Abuja had stayed the execution of the judgment.
Agunloye is currently being prosecuted by the EFCC on seven counts of charges bordering on official corruption and fraudulent award of the $6 billion Mambilla Power Project contract.
Tinubu: They Did it for Nigeria, I Never Asked Anybody to Do it
Meanwhile, President Tinubu, in a statement issued by his Adviser on Information and Strategy, Bayo Onanuga, emphasised that those defending Nigeria in the said case are doing so based on conviction and patriotism.
“The attention of the Presidency has been drawn to some fake news on social media about an arbitration proceeding in Paris to which the Nigerian Government is a party.
“The private proceeding, which should not have been reported in the media, is entirely confidential until the international arbitrators decide.
“While respecting the confidentiality of the proceeding, we wish to state categorically that President Bola Tinubu has not forced anyone to testify for or to refrain from testifying against Nigeria.
“All the eminent Nigerians involved in Nigeria’s defence are doing so willingly and out of sheer patriotism and conviction.
“President Tinubu and the entire country are grateful to them”.
Credit: ARISE TV
News
Osun Decides: APC Candidate Oyebamiji Confident of Osun Poll Victory, Commends Peaceful Voting Process
The governorship candidate of the All Progressives Congress (APC) in the ongoing Osun State election, Bola Oyebamiji, has expressed confidence in securing victory, saying he remains optimistic about the outcome of the poll.
Oyebamiji spoke shortly after casting his vote at Ward 9, Unit 11, Open Space, Gantry Sawmill, Ikire, in Irewole Local Government Area on Saturday.
The APC candidate praised the peaceful atmosphere at the polling unit and commended residents for turning out in large numbers to participate in the election.
According to him, the turnout reflected the determination of voters and demonstrated that residents were not intimidated.
“INEC are here, the voters are here, security operatives are here. I want to commend the large turnout of voters in Ikire. It shows that people are not intimidated, and generally, things are going on fine across the state,” he said.
Responding to concerns over possible security challenges in Ikire, Oyebamiji called on law enforcement agencies to remain vigilant and ensure the safety of voters throughout the exercise.
He urged security personnel to take proactive measures to prevent any breakdown of law and order as the election progresses.
“I want to admonish the police and other security operatives to be proactive to ensure security for our people and all the voters, and I believe the election would be credible,” he noted.
News
Nigeria Celebrates Congo at 66, Seeks Stronger Economic and Diplomatic Ties
By Gloria Ikibah
The Federal Government of Nigeria has congratulated the Republic of Congo on its 66th National Day Anniversary, reaffirming its commitment to strengthening bilateral relations and expanding cooperation in key sectors, including trade, energy, agriculture, infrastructure and manufacturing.
In a statement issued by the Spokesperson of Ministry of Foreign Affairs on Saturday, Nigeria joined the people of Congo in celebrating the country’s independence anniversary, describing the occasion as a significant milestone in the nation’s history.
The statement noted that the anniversary commemorates Congo’s attainment of independence on 15 August 1960 and acknowledged the country’s progress in promoting peace, stability and national development.
“Nigeria joins the Congolese people in commemorating this significant national occasion, which marks the attainment of independence on 15 August 1960. On this occasion, Nigeria recognises the resilience and the progress made by the Congolese people in advancing national development, peace, stability and prosperity,” the statement read.
The Federal Government said relations between both countries have remained cordial and have continued to thrive on the principles of mutual respect, African solidarity, shared values and common interests.
According to the ministry, Nigeria and Congo remain committed to promoting multilateral cooperation and advancing the ideals of African unity and integration.
Nigeria also commended Congo for its role in promoting regional peace and diplomacy across the continent.
“Nigeria particularly appreciates the Republic of Congo’s constructive contributions to regional peace, stability and African diplomacy. Nigeria remains committed to working closely with Congo and other African partners in promoting dialogue, mediation and African-led approaches to conflict resolution,” the statement added.
The government identified trade and investment as major areas for future collaboration, noting that there are significant opportunities for both countries to deepen economic cooperation.
The ministry said stronger partnerships in sectors such as energy, agriculture, infrastructure, transportation, mining and manufacturing will boost investment, encourage technology transfer and create employment opportunities.
“The Federal Government of Nigeria also sees significant opportunities for strengthening bilateral economic relations, particularly in trade and investment, energy, agriculture, infrastructure, transportation, mining and manufacturing.
“Greater interaction between the private sectors of both countries would promote investment, technology transfer, employment creation and the movement of goods, services and expertise,” the statement said.
Nigeria also emphasised the importance of strengthening people-to-people relations through greater collaboration in education, culture, tourism, sports, youth development and professional exchanges.
According to the government, such partnerships would deepen mutual understanding and further strengthen the longstanding friendship between the people of both countries.
The ministry further stressed that, as members of the African Union, Nigeria and Congo share a common vision for sustainable development and regional integration.
“Nigeria welcomes greater collaboration in sustainable development, value addition, technology transfer, employment creation and regional economic integration, and remains committed to strengthening its partnership with Congo within the framework of the African Union and other regional and international organisations,” the statement said.
Reaffirming Nigeria’s commitment to closer ties, the government said it looked forward to working with Congo to address issues of mutual interest at both continental and global levels.
“As Congo marks this important anniversary, Nigeria recognises the resilience and contributions of successive generations of Congolese to national development and renews its commitment to a peaceful, prosperous and stronger Africa.
“The Government of Nigeria looks forward to working closely with the Government of the Republic of Congo to expand bilateral cooperation and address issues of mutual interest at the continental and global levels,” the statement added.
Nigeria extended its best wishes to the government and people of Congo, expressing hope for continued peace, stability, prosperity and sustainable development.
News
Osun Decides: We’re monitoring INEC boss from all sides— Peterside
President of the ANAP Foundation and founder of Stanbic IBTC Bank, Atedo Peterside, has said that Nigerians are monitoring Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, as he oversees the Osun State governorship election.
Peterside made this revelation on Saturday while appearing on an Arise TV programme focused on the Osun governorship election, stressing that the conduct of the poll would be closely watched by Nigerians.
He said the outcome of the election would provide an important indication of INEC’s level of preparedness ahead of the 2027 general elections.
According to him, the Osun election would serve as a “link pin” to the 2027 elections, but Nigerians should not assume that a successful poll in Osun would automatically guarantee a successful general election in 2027.
“Osun will serve as a link pin to the 2027 election, and Nigerians should not go with the notion that because Osun was successful, then automatically the 2027 general election will be successful,” he said.
Peterside also warned against deliberate delays in the electoral process, particularly in areas considered to be strongholds of a particular candidate.
He said any deliberate attempt to delay voting or the transmission of results in such areas could raise serious questions about the integrity of the electoral process.
“In a situation where an election is deliberately delayed because it is a weak area for a particular candidate, clearly, it is a form of rigging,” he said.
He added that claims of technical glitches or other problems during the process should be carefully scrutinised, noting that such incidents could undermine public confidence in the election.
Peterside further expressed the expectation that, barring any unforeseen circumstances, election results should be uploaded promptly after voting and collation.
“All things being equal, by 5pm or 6pm, we expect that all the results must have been uploaded, as we experienced in 2023,” he said.
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